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Chapter 4

Horizontales
People who own stock in the corporation
Expert determining the value of a business
Things of value that are owned
Disadvantage existing: Serious problems may be _______.
A business that is owned by one person only
Products you have on hand to sell to customers
Legal rights of a person and which may be owned by many people
Disadvantage franchise: The franchisor can ___________ the franchise agreement.
Verticales
Weekly or monthly payments made by the franchisee to the franchisor
Person who sells businesses for a living
Legal agreement that gives a person the right to sell a company's products or services
Advantage franchise: A _________ of consistent quality attracts customers.
Business owned by two or more people
Advantage existing: Arrangements can be easier
Customer loyalty